Terramin Australia (TZN)

Download button icon Download

Terramin Australia (TZN): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Terramin Australia (TZN.AX)


Indicator:

EXPONENTIAL MOVING AVERAGE


Last Signal:

BULLISH


Trading: BUY @ $0.12
Signal Strength: STRONG
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to highlight trends across numerous timeframes. This indicator has the ability to smooth historical results to illustrate trend initiation and status. Although this is a simple trend following indicator & can provide good results when coupled with the right indicator. Note, this indicator does not work well in ranging markets producing unwanted whipsaws and false signals.


Terramin Australia (ASX:TZN) currently has a confirmed uptrend. Recent trading has caused the EMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA15 is 4.3%.



An exponential moving average (EMA) is a type of moving average that is similar to a simple moving average except that more weight is given to the latest data. It’s also known as the exponentially weighted moving average. This type of moving average reacts faster to recent price changes than a simple moving average.

Calculation: Exponential Moving Average:
1) Initial SMA: n period sum / n;
2) Multiplier: (2 / (Time periods + 1));
3) EMA: {Close – EMA (previous day)} x multiplier + EMA (previous day).


PROFILE: Terramin Australia (TZN.AX)


Stock Exchange: ASX
Company: Terramin Australia
Ticker Codes: | TZN.AX | ASX:TZN |

About Terramin Australia (ASX:TZN):

Terramin Australia Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of base and precious metals, and other economic mineral deposits in Australia and internationally. The company primarily explores for zinc, lead, gold, copper, and rare earth elements. Its flagship project is the Tala Hamza zinc project located on the Mediterranean coast in Algeria. The company was incorporated in 1993 and is based in Fullarton, Australia.

Top 10:

Exponential Moving Average

Download button icon Download
Company Close Change (%) Volume Value Signal
EMH European Metals Holdings 0.38 18.8 120,674 2.4 BULLISH
EDE Eden Energy 0.11 18.3 18,226,541 29.7 BULLISH
MXI Maxitra Industries 0.54 5.9 29,549 0.7 BULLISH
MLX Metals X 0.49 5.4 1,505,780 0.8 BULLISH
NWH NRW 2.05 5.1 1,094,979 0.8 BULLISH
FMG Fortescue Metals 3.97 4.5 17,327,462 7.5 BULLISH
COE Cooper Energy 0.49 4.3 2,132,013 1.1 BULLISH
SWM Seven West Media 0.89 4.1 3,491,485 2.8 BULLISH
IAG Insurance Australia 7.24 3.6 6,338,445 0.3 BULLISH
GTK Gentrack 6.52 3.5 5,117 2.6 BULLISH
back to top